Business

The production of hilsa in Patharghata has doubled in Fiscal Year 2021-22. Not only hilsa production but also production of other sea fishes have increased. As a result, government revenue reached Tk 92,92,329 for the FY 2021-22. This information was revealed by Patharghata Fish Landing Centre. Mir Rashedul Islam, manager of Patharghata Fish Landing Centre, said a total of 1,152.56 metric ...

Edible oil prices at Khatunganj in Chattogram has declined by Tk 35 per litre. It is learnt that the edible oil prices have started falling constantly owing to the decline in international market. The prices have fallen by Tk 10 to Tk 30 per litre in the last 15 days at this second largest wholesale market of the country. Khatunganj’s ...

Bangladesh Bank on Thursday instructed authorized dealers (ADs) to report all types of their foreign exchange transactions including offshore banking operations to the web portals of BB on a regular basis. The central bank is tightening policy on spending of foreign exchange by curbing unnecessary imports and trade-based money laundering. As part of import monitoring, ADs have been instructed to ...

Bangladesh’s export earnings fell by 1.8% in February, continuing the negative trend in export from the start of this year. According to Export Promotion Bureau data released on Thursday, Bangladesh earned $3.32 billion in February marking a decline of 1.8% compared to the same period last year. Earlier in January, the country’s exports fell by 3.62%, after seeing a 2.89% ...

Britain’s departure from the European Union has cost taxpayers more than 4 billion ($5.2 billion, 4.6 billion euros) in extra government costs, the National Audit Office said on Friday. The government spending watchdog said departments will have spent at least 4.4 billion between the June 2016 referendum on EU membership and March 31 this year.A total of 6.3 billion had ...

Photo : A motorcyclist rides past the Bank Negara Malaysia in Kuala Lumpur, Malaysia. Malaysia’s central bank reduced its key overnight policy rate by 0.25 percentage points to 2.5% on Tuesday, citing worsening economic conditions from the virus outbreak in a growing number of countries. The Bank Negara Malaysia said it expects economic growth to be stunted in this quarter ...

Emirates planes are parked at the Dubai International Airport in Dubai, United Arab Emirates. Major disruptions due to the new coronavirus have already caused the equivalent of a roughly $100 million loss to airline carriers in the Middle East region.  File Photo Major travel disruptions due to the new coronavirus have already caused the equivalent of a roughly $100 million ...

Easy Build has introduced full-fledged services on clients’ demand and likings to build a house with all architectural, structural, plumbing and electrical drawings facilities. Rahat Zahan Shamim, chief operating officer, Easy Build, said everyone has a dream to have his/her own house. Perhaps some people have their own lands to build house. But many don’t dare to start construction activities ...

Italy was the first European country to report a major surge in cases of the coronavirus, with numbers quickly climbing into the hundreds. The authorities have responded with travel restrictions in the north of the country that are bound to hit the economy. So far, a number of towns in Lombardy in northern Italy have been locked down, with very ...

Photo : A trader works at New York Stock Exchange in New York, the United States. U.S. stocks closed mixed on Friday after a volatile trading session, as investors continued to flee riskier assets. The Dow Jones Industrial Average was down 357.28 points, or 1.39 percent, to 25,409.36. The S&P 500 fell 24.54 points, or 0.82 percent, to 2,954.22. The ...